Egyptian Fintech Hollydesk Raises USD 325 K Pre-Seed Round

Cairo-based fintech Hollydesk has closed a USD 325 K pre-seed investment round from angel investor Faisal Abdel Salam and other investors. The newly acquired funding will support Hollydesk’s expansion plans into other countries in the region.

Hollydesk provides technology solutions to help small and medium-sized businesses monitor and control the company’s daily expenses anywhere in real-time, where employees can request all petty cash and custody through the Hollydesk application, which connects all members of the system within the company stores, financial management, and human resources managers.